29 C
Accra, Ghana
February 17, 2020
Image default
Finance Forex News News Stocks

Black Friday as Stocks , Oil And Futures continues to Decline

The year 2018 has being a very bearish year for the stock market as it continues on this Black Friday. Facebook, Apple, Netflix   and Google have lost almost   $1 trillion in value since  their  52 weeks high.  Public  equities  in the past months has being loosing value and  investors as well , a clear indication of Global Equity pointing down as it loses value . On the other hand oil   prices   has  being  struggling all over within the year, on   this black Friday as it hits its lowest price of the year. Having said that there is a trade war between the U.S and China   right now as they plan to settle it with a talk next week in Argentina G20 summit . As the state of the market right   now   , investors are nervous as where everything is headed as Volumes as well grows thin. Global stocks in decline with most sectors closing red since the beginning of the year inclusive this thanksgiving yesterday as well today Black Friday, as at now the market sentiments are still full of doubt and fears as whether any growth will occur in the Global Financial Market with Such crisis .

Stock Prices as at now

For the China U.S   trade war, it expected that next week , the G20 summit which will happen in Argentina ,  Buenos Aires the two countries will  settle this trade dispute affecting the financial market  . There is exclusive   attention on it right now as investors tend to expect a positive outcome other than what’s weighing  the global financial market down and  sparks fear around. China wants this dispute settlement to be mutually beneficial to both countries as it expect the U.S Trump administration to abide.

On the other hand on this Black Friday retails Stocks and Futures  will catch attention as investors will hit them for their Black Friday deals. As at Thursday stock market in Europe closed in red as volatility increased and more money lost in the European stock market as it underscores. On the currency market the US Dollar as at now beating the EURO, GBP,NZD and CAD. As  we are still in a tensed market condition.


I am crypto Ras.

Related posts

Binance To Launch Futures and Margin Trading with Up to 20x Leverage

I Am CryptoRas

UNICEF Launches Crypto Innovation Fund and Calls for Crypto Adoption.

I Am CryptoRas

All You Need To Know About The Cryptocurrency Boss Who Died With $190 Million Dollars Private Keys

I Am CryptoRas

1 comment

Leave a Comment